Sub: Payment of Consolidated Stamp Duty on allotment & issue of Share Certificate.
Respected Sir,
With due regard we would like to acknowledge you that Our Company incorporated on the date………….. having company No. ……………. and subsequently wants to allotte shares to the shareholders. Company decided to make consolidated payment of stamp Duty in respect of share Certificate issue to the Shareholders.
The Share allotment details are hereunder:
Type of Security No of Share Certificate Folio No. Distinctive No. Face Value of Share Total Amount Paid
For ………………..
Director/ Authorized Person
Annexture:
1. Share Certificate (Specimen) 2. Memorandum & Article of Association 3. Board Resolution authorizing allotment of Shares 4. Form-2 5. Share Holding Pattern 6. Power of Attorney to present the matter.
Procedure:
Stage-1 Application to SDM (Concerned Registered Office of the Company) Stage-2 Application forwarded by SDM to Finance Secretary Stage-3 Finance Secretary Send Note to the Governor of the state Stage-4 After due approval Finance secretary issue an approval to SDM Stage-5 SDM issue challan on the basis of approval Stage-6 Amount of stamp duty deposited in bank Stage-7 A certificate of payment of duty issued by the SDM